1. Global Real Estate:
Transaction Tools
Chapter 2: The Metric World

2. In This Chapter The metric system applied in real estate
Conversion formulas
Estimating

3. Learning the Metric Language
Provide meaningful information on value, area, and distance
“Translate” with numbers to communicate value

4. Square Feet to Square Meters
Square Feet  = Square Meters

5. Square Meters to Square Feet
Square Meters x = Square Feet

6. Price Price per square foot x 10.7639 = price per square meter
Price per square meter  = price per square foot

7. Annual or Monthly Monthly Cost x 12 = Annual Cost
Annual Cost ÷ 12 = Monthly Cost

8. Estimating Area Use a factor of 10
DIVIDE square feet by 10 for estimated square meters
MULTIPLY square meters by 10 for estimated square feet

9. Somewhat Smaller
Square Feet
Square Meters

10. Somewhat Larger
Square Meters
Square Feet

11. Centimeters and Inches, Meters and Yards
Centimeters ÷ 2.54 = inches
Inches x 2.54 = centimeters
100 centimeters ÷ 2.54 = inches
100 centimeters = 1 meter
Slightly longer than 1 yard

12. Hectares and Acres Hectares x 2.471 = Acres Acres ÷ 2.471 = Hectares
1 hectare = 10,000 square meters

13. Skill Practice: Metrics

14. Key Point Review